Unformatted text preview: strategy? 9. It is now January. The current interest rate is 4%. The June futures price for gold is $946.30 while the December futures price is $952. Is there an arbitrage opportunity here? If so, how would you exploit it? 18. What type of interest rate swap would be appropriate for a speculator who believes interest rates soon will fall?...
View Full Document
- Spring '11
- Derivative, futures price, index futures contract, one-year gold futures